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you make about his appearance? >> he is trying to restart a conversation about the economy that is focused on barack obama. he was supposed to be doing the same thing but got sidetracked and badly by this video. he will be ablepresident to get over this. he has to hope that is not the majority of people. the fact that a majority of people do not approve of how barack obama has handled the economy, but ultimately those people will say i am done with a guy who is currently in office. let's give the other guy a chance. the interview he has done and he is going to continue to do all of those things are an attempt to shift the conversation. good >> even republicans have said he is running and in that campaign. -- an inept campaign. he is trying to suggest he took responsibility for these comments. did you see thus splitting hairs? >> i agree with that. they blame the campaign. we did the post mortem on the hillary clinton campaign, and the conclusion was that her campaign did not serve her. ultimately it is the job of the candidate. the candidate is the one that puts a person in
of manufacture for a global economy. advancements in communication and transportation facilitate globalization. containerized shipping is a cost-effective means of transporting a variety of goods. guangdong's relative location to hong kong's ports and financial infrastructure is key to determining its position at the epicenter of chinese economic development. through guangdong, we see the forces of globalization at work in the pearl river delta and beyond. many observers argue the costs and benefits, but few dispute that globalization is the most profound reorganization of the world since the industrial revolution. the driving force of globalization is economic, and at the core of the global economy is the global production system. du neng ji makes nike shoes-- one of tens of thousands of nike employees scattered across the world. du neng ji and his fellow workers are a small part of the chinese link in the chain of global production. ( du neng ji speaking chinese ) translator: the reason i came to work here is simply to earn a living. i came from chendgu in sichuan province. i didn't have muc
because the economy in ohio is doing better than it is in other parts of the country. >> it is and the question is, who gets the credit ryan joins me now along with roland martin. roland, that was the kind of, you're not afraid to say what you think. a kick in the you know, at least they're saying they feel the way they feel. >> actually, honesty is always the best policy. it's amazing they are making sarah palin out to look like a you know, profit, if you will, when she said they should go rogue. they're going to have to get more aggressive in this campaign in order to close this gap. these debates are going to be critical, but again, these ceo frankly is giving a muddy story if you will as to why he should be the person. i love boxing, erin and they say you don't win the belt of the champion on points. you take it and mitt romney hasn't done that. he has to take it if he wants to win the presidency. >> it makes sense, but ryan, what in the world is he supposed to do? it sounds like he tried to be aggressive. after the attacks on the consulate in libya. he came out a
on it to ease its mounting losses. the u.s. economy shows more signs of slowing, and slowing down faster than expected. but silver has been red hot. where is the demand coming from and can it last? we talk with phil baker, the c.e.o. of hecla mining. that and more tonight on nbr! we begin with discouraging news about the sluggish economy. by the broadest measurement, economic growth slowed sharply in the second quarter. the gross domestic product was revised considerably lower today. growth was 1.3% in the april through june period. just a month ago, the estimate was 1.7%. add that to a big drop in purchases of big ticket items, like washing machines and furniture. in august, durable goods orders fell 13.2%, and you've got an economy that's just muddling along. but one ray of encouragement-- fewer people filed for unemployment benefits for the firsme claims fell by6, 20 to their6, july lows of 359,000 claims. on wall street, the dow jumped 72 points, the nasdaq added almost 43 points, the s&p up 13. while the u.s. continues working through problems left over by the great recession, there are
. if you don't believe me, look at the numbers that just came out in the growth of our economy. 1.3% verses russia at 4%. china at 7% to 8%. we're at 1.3%. this is unacceptable. it is not working. i know what it takes to get us working. he's put us on a road to europe. europe doesn't work in europe. i want to get us back to being america where people come here, build enterprises here. we fulfill american dreams. we keep the hope alive in america. [ cheers and applause ] and this matters. you know this matters. this counts. it counts for the 23 million people struggling to get a job, getting a better job today. it counts for the young peoe. today we wonder whether that's true. the majority of americans don't think that's the case. this matters. there's one more sense in which it matters. that's what i began with, and that is our military capability. our ability to defend our liberty and the liberty of our friends around the world, with whom we trade and with whom we trade and whose prosperity depends on our trade. i was in poland and got the chance to meet a hero. i came in and he said, mr.
are so down in this economy, our question is, how is it swing state voters feel up about things, and make sense of the president when folks who hire imare not. to -- hire them are not. noel, that is a big, big political disconnect. >> you know, i actually that is true, because i have to tell you, the cfo is the heart beat for corporate america. they are seeing you know the financial side of things, and they are negative, and depressed about it, that is something you should take notice. i just did a private round table for senator wicker out of mississippi. we had about 10 businessmen around for this fund-raiser, one of guys was a cfo of a very large company, and very well respected, senator wicker asked him, what do you think about the future? what is your feeling? he actually said, well, i'm loading up on gold bullion, i'm go to buy a farm in arkansas, i thought that should tell you a little bit about something. neil: they are not all that way, maybe, but, market last couple of days notwithstanding has narrowly, taken all this in stride. i am wondering whether you think to its own peril,
's a point you made earlier in an earlier segment that the bottom line is the economy is still very, very weak. i'll tell you, we've been on overweight equities for the last six or nine months. we're now starting to pull back some of the risk. yes, the market could rally higher. i don't see the stimulus up as much as i did when everybody didn't believe qe-3 was coming. i think there's more negative potential headlines. we're taking risk off the table right now and hopefully we'll re-enter at a lower position. >> it's interesting. rickntelli, the fiscal cliff keeps coming up. that's one of the biggest issues in terms of keeping businesses from making any real decisions here, putting money to work, and it's also the highlight going into the election. >> it is. i guess the real irony is even if the fiscal cliff didn't exist, the outlook economically, both domestically and globally, is deteriorating. really, it's a bit of a double whammy. i'll go back to what i said the last time we discussed this an hour ago. if you look at the 21 weeks from mid-october to march of 2000 when the nasdaq crash
: nicole thank you. dagen: take a look at this. the u.s. economy growing at a very weak 1.3% in the second quarter, revised down from 1.7%. that is, well, lousy. connell: deputy editor at the "wall street journal"'s editorial page is here to tell us it's always the economy, stupid, at least that was your column? >> that's right. and any presidential election one way or another it is going to be about the economy, no matter how hard the candidates try to deny that. the most amazing one perhaps of all time is indeed the incumbent obama who is running as though the economy during his term didn't happen or at least if it happened, it was the fault of somebody who was president four years before him and what he wants to talk about is the economy he's going to create starting in january 13 which will consist of people having green jobs, making windmills and solar panels. i think the american voters are probably getting a little bit frustrated that no one will talk about the economy as it exists right now, dropping to 1.3% in the second quarter. the united states economy is barely, barely moving.
to stimulate the economy. again, i put stimulate in quotes because who knows if it is momentary for china. >> we have this bump of china of 2.5%, you can't underestimate the short-term tailwind, whatever they have for the economic expansion, especially on commodities prices. that is part of the reason why we have a significant progress. david: were you aware of all this? that is basically what it is. were you worry about it? >> i am very suspicious and wary. however, i don't think that the close is clear. a little bit underweight equities, as you well know, a lot longer for state solvents. david: keep the sound there. i want to hear there is any interaction. tim is joining us right now. when we think about these honeypots in the market? >> i agree with him. the market is clearly ignoring the negative news that we are seeing in the u.s. and the fact that we are in a recession and maybe longer in europe. it is not deterring people from buying stocks right now. you could certainly call it a bubble in general. i think equities was probably overheated here. given the weak industrial numbers, g
president obama. but mitt isn't having it, trying to get ohio voters to the right by focusing on the economy. >> with incomes going down, every year, every year going down, down, down. prices of electricity up and health insurance up and the cost of gasoline, having doubled, these are tough times. even for families with jobs. i know what it takes to get this economy going again. cheryl: so what would a tax plan under a romney/ryan administration look like? rich edson breaks it down for us. rich? >> reporter: well, cheryl, democrats call it a giveaway to the rich at the expense of the middle class. republicans say they're wrong, and this morning governor romney defended his tax plan. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. by bringing rates down, we'll be able to let small businesses keep more of their money to hire more people. >> in the end the details are really up to congress. romney's proposed cutting every tax rate by 20%. to insure the treasury department takes in about the same amount of money under a new system,
, released about an hour ago. gdp, gross domestic products, our big picture economy grew only at an annual rate of 1.3% in the second quarter. i said before, that's stall speed. i mean it. that's very, very low rate of growth. 4% the end of last year, 2 1/2% early this year, now, 1.3, that's a nasty down trend. all right, the markets opened, we did expect an up trend, up tick in the opening bell. we've got it. 25 points higher, ultimately maybe 50 points higher within the next couple of minutes. i want to call this the iphone effect. nokia may cancel its dividend in the face of big time competition from the iphone. okay, nicole, where did nokia shares open? let's start with them. >> they're a winner today. up 2.5%, all right? up 2 1/2%. cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has
's not forget we also had a dismal report on durable goods orders, once again showing weakness in this economy. investors not worried about these numbers today. >> we got decent news out of europe and china this morning. either way, we're asking if investors should think twice before buying into this kind of a rally based on what the u.s. economy is telling us right now. let's talk about it in today's "closing bell" exchange. we have larry blazer from mayflower advisers and our own rick santelli and mandy drury. larry glazer, you happen to believe that economically there's an iceberg dead ahead. this market doesn't act like it today. >> no, it doesn't. you can see today investors are so focused on the global stimlouse story that they're missing the big picture. the big picture is the fact that the economic data, particularly global manufacturing data, is absolutely rolling over. look at chinese manufacturing, down 11 months in a row. you hit the nail on the head. gdp, durable goods, all a sign of weakness. the problem is the catalysts are behind us and the icebergs are ahead. you've got the fi
-oriented economy. japan began sending aid and loaned over the years. the japanese prime minister had inflamed tensions after he took office in 2001 with annual business to the shrine in tokyo that honored the war dead and war criminals. china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the le
economy, global unrest, and the typical incumbent president would be at an enormous disadvantage. unless-- >> does the government have a responsibility to provide health care to the 50 million americans who don't have it today? >> well, we do provide care for people who don't have insurance. we pick them up in an ambulance and take them to the hospital and give them care and different states have different ways of providing for that care. (laughter) >> jon: unless-- normally he would be in trouble unless that incumbent president is running against the guy who just appeared to suggest that we don't need to do a health care plan for uninsured americans because we have emergency rooms! (laughter) and, like, they're open all night. (laughter) they're, like, 7-elevens but-- (cheers and applause) now that-- what he just said is an amazing and unappealing to -lsy statement which on its own would perhaps level the field for the incumbent president but apparently leveling the field isn't good enough for massachusetts mitt "up until i was running for president in the republican primary i believed
. it is crippling the iranian economy but it hasn't stopped them from getting nuclear weapons. we both agree that is the ultimate goal. the united states has wanted to bring them to the negotiating table. that has not happened, either. the israelis are almost feeling as though both the mentality and the course of actions that the u.s. has taken and the west in general have been naive. >>shepard: factoring in is the fact that so many analysts with great experience and knowledge of the situation here are of the belief that you cannot stop this by bombing. it will take something else. >>reporter: right. that's tech did you want to look at that exact point look at the people of iran and what they are saying. right before mahmoud ahmadinejad got on a plane to come to the u.n. meeting, the people of iran, and i have been on so many blogs and twitter and facebook, where are we going? we have so many problems at home to address. you do not need to go to the u.n. and talk about world problems and reforming of the global community as has been repeated on interviews and the at podium at the u.n. there
if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will take all of that back up again. also, israel's prime minister benjamin netanyahu, calling on the united states and united nations to draw a clear red line on iran's nuclear program and former ambassador john bolton. also, shelby steele on how group and identity politics is shaping this presidential election. turning back to the president's so-called new economic patriotism, the polls and what we can expect over the final 40 days now until election day. clinton adviser, fox news political analyst, doug schoen. also, ed rollins, former reagan political director, it's good to have you with us weather thank you very much for having me. lou: let me start with this new theme. we can all agree that the president has a thing called forward i want to understand, if you will, the motto or mitt romney. this is a man ready to sell himself. you don
it be? >> obviously hit obama hard on the economy. obama did give a little bit of an opening saying he has learned that you can't change washington from the inside. and for a candidate that ran on hope and change that's something that mitt romney could seize on. and this is not mitt romney's style, to the extent he is a technical debater, but if you look back to 2008 when obama stumbled against hilary clinton in those series of debates, it was when it got a little more the cuff. he said you are likable enough hilary, that came across as very cool and dismissive, and perhaps that's a chance for mitt romney to make it a personal thing. perhaps a chance to lull obama into an unforced error like that. >> eliot: the debates rarely change the game only when -- as you said josh -- there is an unforced error. let's switch to the senate race. people thought the republicans would end up with 51 52 seats. how many senate seatings will the republicans hold when all is said and done. >> i don't think they will pick up a majority. and the simultaneous deterioration -- like tommy
for life, and until last july he was italy's minister of economy and finance. but he is not exactly a politician. as a respect economist considered be abo party politics he was chosen to form a new technocratic government. it put him at the center of the european debt crisis confronting rising interest rates that led to greece, ireland, and portugal to seek bailouts. his ability to turn calamity into opportunity has revived his nickname "super mario." i have pleased to have him here at this table for the first time. welcome. >> delighted to be here. >> rose: i see that you have said that you're not going to run for pri minister? >> no, i can confirm that i will not be a candidate. i believe i couldn't even be a candidate because, as you mentioned, i am senator for life. so candidates are candidates inn order to become members of parliament. >> rose: and you're senator for life. >> yes. >> rose: do you want to stay as prime minister? >> of course i will not. i will-- the whole government will have to resign when the elections take place, probably next-- after that, it will be for th
slow growth, durable goods, going down a cliff, and suggesting an economy that is stumbling. let's bring in mary kissel. >> thank you for having me. speak to a new economic patriotism. what does that mean? should we buy american or not criticize the economy because it's un-american? >> it means that you should buy the argument that he is not the one responsible for the economy that we have now. he wants you to think any focus on the future and not the present. it is really quite an amazing advertisement. ashley: when you look at the numbers, they are not particularly good. you would think that they should play right into the hands of mitt romney, but he doesn't seem to be taking advantage of it. it suggests, the pulls through, that mr. obama is extending his lead remark there is certainly a lot to you can take issue with. he going to devalue the dollar little further? give tax breaks to companies he is taking credit, he wants to spend more taxpayer money on infrastructure, math and science, ashley, where people who buy it. ashley: what's interesting is that he has managed to fra
. on the issue that's supposed to be republican mitt romney's strength, the economy, he's trailing the president with a "new york times" news poll showing on the question of who can better handle it, ohio voters give the president an edge of 51% to 45%. >> i woke up every day doing everything i can to give american workers a fair shot in the global economy. >> there's danger signs. they declared ceos see slower economic growth the rest of the year with lower expectations for sales, capital expenditures, and hiring. the chairman of the round table, boeing chairman, said in a statement, quote, "the down shift in quarterly sentiment reflects continuing concern about the strength of the recovery including uncertainty over the approaching fiscal cliff." the sour report is more significant because he chairs the president's export council. >> i know that all of us, business or government, share the goal of strengthening our economy and creating more jobs. >> another vulnerability for the president could be the deficit promising to cut it in half by the end of the first term, but it's topped $1 trillion
to line up and play the game. trace gallagher, thank you. >> turns out economy is doing worse than we thought. that is the word from the feds. we'll get reaction from the white house. speaking of president obama and governor romney campaigning in the same state but a different state but they are there together. we'll hear from them and show our brand-new fox news polls, what voters have to say about president handling the economy. why the only police officer in one town is in the cube? [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or ot
output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor
. on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: israel's prime minister warned again today that iran is well on its way to creating a nuclear weapon and said the world needs to act. benjamin netanyahu spoke at the united nations. as he has often before, netanyahu condemned iran and its nuclear program, and called on other leaders to do the same. >> at stake is not merely the future of my country. at stake is the future of the world. and nothing could imperil our common future more than the arming of iran with nuclear weapons. >> woodruff: the israeli prime minister said the hour is, quote, "getting late
and to the economy again. >> that is debatable, tom, isn't it? some of the critics and your reports, they are going to argue this kind of austerity, the new budget everyone is expecting, is like taking a man when he is down. >> and that is the problem. the problem is unemployment. it is so high that the -- it not only means government is paying out more in unemployment benefits but also taking in less in income tax. as we heard in the report from the analyst, spain's economic problems seem to be in a vicious cycle. in that context it is very difficult for the government to sort its own finances out if it reduces what it spends into the economy by billions today and more than that over the course of this year. then of course, there is less money floating around, less people have money in their pockets to spend and more out of work. so there is the general malaise in the economy contributed to the situation in was the government and country finds itself today. >> thanks very much. thank you. let's explore this a little bit more with aaron. the spaniards are waiting, we are waiting but most important
to find work in today's economy. too many of those whore payc.ng are liaycheck to acare ling in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shoul'teasure compassion by how many pele are on wee. hosuomio by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my odorning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city wh willie geist, our national affairs editor for "new york" magazine andnbit analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and ht of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. aninasto f "the politico playbook," executive executor jim vandehei. of course, willie, we've got a lot to talk about. let's start really quickly with the refs! >> they're back. >
's driving voters. >> i think the economy is better today than it was three years ago. >> pelley: reports from our campaign 2012 team. after one of the worst calls in football history, there is movement today on getting real officials back on the field. jeff glor is covering. and michelle miller on a bittersweet homecoming for the indiana national guard, happy to be back from afghanistan, but mourning the men that they lost. >> i would gladly give my life to bring all four of them back. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. 41 days before the election, president obama is opening leads in states that mitt romney can least afford to lose. have a look at our new poll today. the president now has a 10-point lead in the swing state of ohio, 53% to 43. in florida, another key swing state, mr. obama's lead is nine points, 53% to 44. and the president leads by 12 point in pennsylvania, 54 to 42. this quinnipiac university/cbs news/"new york times" polls has a margin of roar of three points so the leads are significant. our cbs news
Search Results 0 to 49 of about 250 (some duplicates have been removed)

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